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Retail Property with Parking

12 Merchants Landing Sandwich, MA 02563

12 Merchants Landing, Sandwich, MA, 02563
$599,995
Pending
For Sale
$599,995
Pending

COMMERCIAL - Sandwich, MA

Property Size1,188 SF
Days on Market189

Property Features for 12 Merchants Landing

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Appliances
Water Heater
Standard status
Pending
APN
SAND M:0087 B:0043 L:0011
Size
1,188 SF

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
1889

Utilities

Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Wall Unit(s)
Water source
Public

Building Details

Year built
1984
Floors in Building
1
Flooring type
Vinyl
Building materials
Shingle Siding
Roof type
Asphalt
Listing agency LAER Realty Partners
Listed by James Kalweit
Added: Jan 15 Updated: Jun 17 at 3:31PM Checked: Jul 23 at 10:06AM
MLS# 22600159

Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering includes both the retail real estate and the associated business assets. The property is positioned within Merchant Square and is presented for sale as a turn-key opportunity for a buyer seeking a retail location with an operating-ready setup. Additional details on the interior layout are not provided, but the listing is marketed as a combined real estate and business purchase.

The property is located at 12 Merchants Landing in Sandwich, Massachusetts. The listing notes ample parking, strong visibility, and a convenient location within Merchant Square.

For tenants or buyers looking for a retail site in a concentrated shopping environment, the combination of Merchant Square positioning with on-site parking and visibility is intended to support everyday customer access. As presented, the sale also includes the business assets, and the listing indicates the buyer may be able to qualify for SBA lending. This makes the property potentially well-suited for an owner-operator or an investor seeking a retail purchase structured to accommodate SBA financing, subject to lender approval.

Key Highlights

  • Includes both the real estate and established, successful business.
  • Prime location in thriving Merchant Square with fantastic visibility.
  • Qualifies for SBA lending.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $35.6k $30.00
− Vacancy −$784 −$0.66
EGI $34.9k $29.34
− OpEx −$10.5k −$8.80
NOI $24.4k $20.54
1,188 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$348.6K
$305.0K – $406.7K (±1% cap)
NOI $24,399 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$484.1K
$423.6K – $564.8K (±1% cap)
NOI $33,888 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Building Supply Storage Facility Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Garden Center Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Retail opportunity at Merchant Square with ample parking and strong visibility in a convenient town center setting.
Where is this retail space located?
The property is located at 12 Merchants Landing Sandwich, MA.
What is the asking price?
The asking price for this property is $599,995.
What are key features of this property?
This property features: Includes both the real estate and established, successful business.; **Prime location in thriving Merchant Square with fantastic visibility.**; Qualifies for SBA lending.
Contact an agent
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